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BACK TO BACK LOAN
BACK TO BACK
LOAN

Back to Back Loan
A loan for the depositors of Mount Carmel Rural Bank Inc., which is secured by Certificate of Time Deposits and/or Savings Passbook with auto debit agreement.
Eligible Borrowers
Loan Purpose
Security
Offers Competitive Interest Rate
Flexible Terms and Mode of Payment
Basic Requirements:
- 2 Valid ID’s of Applicant/s
- Latest Residence Certificate of Applicant/s
- Latest ID Picture of Applicant/s (2×2) 2pcs.
- Latest Income Tax Return (if any) / T.I Nos. of Borrowers
- Proof of Billing
- Bank’s Statement (if applicable)
• Latest Certificate of Employment or
• In lieu of COE, duly signed employment validation
• Employment Contract (if applicable)
If Applicant is a Proprietor:
• Business Permit (Barangay Business Permit, SEC Registration, DTI Permit, Mayor’s Permit)
• Latest General Information Sheet
• Articles of Incorporation or Partnership
• Board Resolution Authorizing the Loan
• 3 years Latest Audited Financial Statement (AFS)
• Proof of Business Transaction (if applicable)
• 2 Valid ID’s of Authorized Signatories/Representative (Applicant)
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Head Office Address:
J. M. Kalaw Street, Poblacion 5, Lipa City, Batangas 4217
Email:
kapartner@mcrbi.com.ph
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